Utilities Stocks Investors are Dumping Now

These stocks are dragging down the Utilities (NYSE:XLU) sector today. Long time Wall St. Cheat Sheet readers know to watch stock prices because ‘Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP (NYSE:SBS) is among the price losers in the market today as its stock price is $50.48, down $1.63 (-3.1%) from a previous close of $52.11. The Company is engaged in the provision of basic and environmental sanitation services, and supplies treated water on a wholesale basis and provides sewage treatment services to other six municipalities of the Greater Sao Paulo Metropolitan Area.

Stock Price Performance: During July 12, 2011 to August 9, 2011, the stock price had dropped $6.70 (-11.4%) from $58.81 to $52.11. The stock price saw one of its best stretches over the last year between July 14, 2011 and July 26, 2011 when shares rose for nine-straight days, rising 5.5% (+$3.20) over that span. It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six-straight days, falling 18.2% (-$10.88) over that span.

Sempra Energy (NYSE:SRE) is one of the market losers in price today. Its shares are trading at $46.67, down $1.02 (-2.2%) from a previous close of $47.71. Sempra Energy is an energy services holding company. With its subsidiaries, the company provides electric, natural gas and other energy-rated products and services worldwide. It also focuses on developing energy infrastructure and operating utilities. .

Stock Price Performance: During May 13, 2011 to August 9, 2011, the stock price had fallen $6.90 (-12.6%) from $54.61 to $47.71. The stock price saw one of its best stretches over the last year between December 21, 2010 and December 31, 2010 when shares rose for eight-straight days, rising 1.1% (+57 cents) over that span. It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine-straight days, falling 6.1% (-$3.20) over that span.

Covanta Holding Corporation (NYSE:CVA) stocks are trading at $14.68. This is 22 cents (-1.6%) below the previous close of $14.92, making the company one of the biggest price losers in the market today. Covanta Holding Corporation is a developer, owner and operator of infrastructure for the conversion of waste to energy known as ‘energy-from-waste’, as well as other waste disposal and renewable energy production businesses in the Americas, Europe & Asia.

Stock Price Performance: During May 13, 2011 to August 9, 2011, the stock price had fallen $1.81 (-10.8%) from $16.73 to $14.92. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 8, 2011 when shares rose for 10-straight days, rising 6.2% (+$1) over that span. It saw one of its worst periods between April 6, 2011 and April 19, 2011 when shares fell for 10-straight days, falling 6.8% (-$1.19) over that span.

Vectren Corp (NYSE:VVC) is among the price losers in the market today as its stock price is $25.14, down 34 cents (-1.5%) from a previous close of $25.53. Vectren Corporation is an energy holding company, which through its subsidiaries provide gas and/or electricity to customers in adjoining service territories that cover nearly two-thirds of Indiana and west central Ohio.

Stock Price Performance: During July 12, 2011 to August 9, 2011, the stock price had dropped $2.69 (-9.5%) from $28.22 to $25.53. It saw one of its worst periods between August 17, 2010 and August 25, 2010 when shares fell for seven-straight days, falling 3.4% (-82 cents) over that span. The stock price saw one of its best stretches over the last year between January 6, 2011 and January 18, 2011 when shares rose for eight-straight days, rising 3.6% (+91 cents) over that span.

Shares of Integrys Energy Group, Inc. (NYSE:TEG) are trading at $45.12, down 49 cents (-1.1%) from a previous close of $45.63. Integrys Energy Group is a holding company whose subsidiaries provide products and services in energy markets.

Stock Price Performance: During May 13, 2011 to August 9, 2011, the stock price had fallen $7.56 (-14.2%) from $53.19 to $45.63. The stock price saw one of its best stretches over the last year between April 21, 2011 and May 3, 2011 when shares rose for eight-straight days, rising 5.1% (+$2.52) over that span. It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven-straight days, falling 4.5% (-$2.34) over that span.